US $127 billion worth of infrastructure investments in Indonesia to be offered to Chinese investors for the One Belt one Road

Background In a meeting between government representatives on 20 March, the Indonesian Government reportedly offered China the opportunity to invest in 28 projects worth approximately IDR 1,287 trillion ($127.5 billion),…

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Indonesia to open more investment opportunities for foreign universities and hospitals

The chairman of the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal or "BKPM"), Thomas Lembong, said on February 13, 2019, that the government was considering changes to the foreign capital…

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Indonesia’s debt rating in 2019 by Fitch confirms solid economic fundamentals and external resilience

- Bank Indonesia (BI) views Indonesia's debt rating from Fitch Ratings to BBB, with a stable outlook, as an acknowledgement of the external resilience of the Indonesian economy amid global…

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Read more about the article Certifications of sustainable tourism in Indonesia is a key priority for the tourism’s ministry
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Certifications of sustainable tourism in Indonesia is a key priority for the tourism’s ministry

The Tourism Ministry has plans in store to have all tourist destinations in Indonesia certified for sustainability to become world-class destinations. Tourism Minister Arief Yahya said the ministry’s Sustainable Tourism for Development…

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Joko Widodo encourages regions to promote and enact open investment climate in Indonesia

President Joko “Jokowi” Widodo recently said that throughout his presidency he had met with countless investors who had expressed an interest in investing in Indonesia. However, most of them disappeared…

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Indonesia well-positioned to generate economic growth in 2019 amid global slowdown

Despite the expected challenges facing the global economy this year, Indonesia and other ASEAN countries are well-positioned to generate ongoing economic growth. Maybank Indonesia’s president director, Taswin Zakaria, said at…

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Indonesia ecotourism features at the centre of the new tourism strategy devised by the government

Famous as the producer of high-quality mutiara Laut Selatan (South Sea pearl) in Indonesia, Lombok in West Nusa Tenggara (NTB) has been called on to develop educational tourism on pearls.…

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Read more about the article The tourism industry in Indonesia in 2019 | National priorities and strategies’ overview
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The tourism industry in Indonesia in 2019 | National priorities and strategies’ overview

At the 50th anniversary of the Indonesian Hotels and Restaurants Association in mid-February 2019, Indonesian President Joko Widodo emphasized that the tourism industry should become the biggest industry in Indonesia in…

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